#ABB WEEKLY CHART VIEW#ABB WEEKLY CHART VIEW
ABB India Ltd. trading near resistance level.
Technical indicators are mild bullish.
If price closes above resistance level 997 near by resistance is 1140 and support is 850 on weekly chart.
ABB trade ideas
#ABB WEEKLY CHART VIEW!!#ABB WEEKLY CHART VIEW!!
ABB India Ltd. trading at support level.
Technical indicators are mild bearish.
If price closes below support level 846, the near by support is 722 and resistance is 998 on weekly chart.
ABB - Falling WedgeViews only for educational purposes. Do not copy trades, copy ideas.
Do your risk assessment before entering any financial positions.
#ABB WEEKLY CHART VIEW!!#ABB WEEKLY CHART VIEW!!
ABB India Ltd. trading below mid bollinger band and is trading with in an Inside bar pattern.
Technical indicators are mild bearish.
If price closes below Inside bar 846, near by support is 754 and if price trades above Inside bar 906 near resistance is 1009 on weekly chart.
ABB INDIA- Break of Short-term DowntrendPrices broke short-term support and are in a down channel. No Long Signal in sight.
ABB IndiaI wanted to show more drawings on this chart. But avoided lest it leads to confusion. Weekly Downtrend channel in green. Prices move back and forth. Expect them to return to the trendline.
Problems:
1.Double top at midline.
2. Short term Downtrend.
3. Stock has broken the daily channel in yellow and given a new high. Time for a new trend or range to begin.
Wait for clarity. Will update when suitable. No fresh entry.
ABB - Long candidateThe bearish trend from 1500 to 700 level seems to be arrested. After making a higher low stock seems to have resumed its uptrend. Daily closing above 983 can expect 1150 levels
ABB BUY ABOVE 914ABB BUY ABOVE 914
TARGETS: 920, 926, 932, 938, 944, 950
Need to sustain above 914~916
Posting for Educational purpose only
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ABB Ascending triangle pattern Breakout doneABB Ascending triangle pattern
Breakout done. Wait for a day for additional confirmation and then can take a position
ABB can we see Long from HereIf we study volume and Moving avg, looks like we can see again a bullish move, Buy around 800 levels Target 840, 900 & 971
